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Constellation’s leading brands include Modelo, Corona and Pacifico beer, all of which are brewed in and imported from Mexico.
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Maker of top-selling Modelo and Corona beers says sales are struggling over ICE deportation fears - The company’s beer sales ...
Constellation Brands missed Wall Street’s estimates for quarterly earnings and revenue, as the Modelo owner saw lower demand ...
Constellation Brands missed Wall Street’s estimates for quarterly earnings and revenue, as the Modelo owner saw lower demand ...
Photo: AFP Grupo Modelo, the producer of Corona and other Mexican beer brands, said on Thursday that it would invest more than US$3.6 billion in Mexico, despite trade tensions with the United States.
Forbes also reports that InBev tried to purchase Grupo Modelo in 2012, but the Justice Department moved to block the deal, arguing it would have given InBev almost full control of the beer industry.
The company has to produce beer brands like Modelo and Corona where AB InBev makes them, as part of an antitrust settlement between the U.S. Department of Justice, AB InBev and Grupo Modelo.
Thanks to an antitrust settlement between Anheuser-Busch InBev, Grupo Modelo and the Department of Justice in 2013, AB InBev had to sell Modelo's U.S. business to Constellation.
Grupo Modelo — brewer of beers such as Corona, Modelo and Victoria — has had a concession since 1996 that allows it to use 8.09 billion liters of water per year, or almost 22 million liters ...
AB InBev's Grupo Modelo has resolved a trademark lawsuit that accused its U.S. distributor Constellation Brands of breaking their licensing agreement by selling unauthorized bourbon- and tequila ...
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